{"id":154674,"date":"2019-09-03T11:30:10","date_gmt":"2019-09-03T15:30:10","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=154674"},"modified":"2019-09-03T08:00:55","modified_gmt":"2019-09-03T12:00:55","slug":"eurusd-analysis-euro-zone-manufacturing-contraction-slowing-bullish-for-eurusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/09\/eurusd-analysis-euro-zone-manufacturing-contraction-slowing-bullish-for-eurusd\/","title":{"rendered":"EURUSD Analysis: Euro-zone manufacturing contraction slowing bullish for EURUSD"},"content":{"rendered":"<div id=\"inves-2032274314\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">September 3, 2019<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/strong><\/p>\n<p><strong>Euro-zone manufacturing contraction slowing bullish for EURUSD<\/strong><\/p>\n<blockquote><p>Euro-zone manufacturing activity contraction slowed in July, but producer prices rose less than expected. Will the <a href=\"https:\/\/www.ifcmarkets.com\/en\/market-data\/forex-prices\/eurusd\">EURUSD<\/a> continue declining?<\/p><\/blockquote>\n<p style=\"text-align: center; margin-bottom: 20px; margin-top: 20px;\"><img decoding=\"async\" style=\"float: none;\" src=\"https:\/\/www.ifcmarkets.com\/uploads\/images\/EURUSD_R_03September2019.jpg\" alt=\"EURUSD falling below MA(50)\" width=\"660px\" \/><\/p>\n<p>A look at the price chart on 1-hour timeframe shows <b> EURUSD: H1 <\/b> is still trading sideways. The price is below the 50-period moving average MA(50) which is falling. And the RSI is below 50 after bouncing off from level 20 without breaching into oversold zone. There is no trend yet formed, traders have to decide when would be a best time to enter the market.<\/p>\n<p>Market Analysis provided by <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By IFCMarkets Euro-zone manufacturing contraction slowing bullish for EURUSD Euro-zone manufacturing activity contraction slowed in July, but producer prices rose less than expected. Will the EURUSD continue declining? A look at the price chart on 1-hour timeframe shows EURUSD: H1 is still trading sideways. The price is below the 50-period moving average MA(50) which is [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-154674","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/154674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=154674"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/154674\/revisions"}],"predecessor-version":[{"id":154681,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/154674\/revisions\/154681"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=154674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=154674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=154674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}